Scott Mezvinsky Sells 272 Shares of Yum! Brands, Inc. (NYSE:YUM) Stock

Yum! Brands, Inc. (NYSE:YUM - Get Free Report) CEO Scott Mezvinsky sold 272 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $148.28, for a total value of $40,332.16. Following the completion of the sale, the chief executive officer owned 1,755 shares of the company's stock, valued at $260,231.40. This represents a 13.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Scott Mezvinsky also recently made the following trade(s):

• On Wednesday, June 4th, Scott Mezvinsky sold 268 shares of Yum! Brands stock. The shares were sold at an average price of $145.97, for a total transaction of $39,119.96.

Yum! Brands Trading Down 0.1%

Shares of NYSE YUM traded down $0.18 during trading on Friday, reaching $150.00. 1,284,289 shares of the company traded hands, compared to its average volume of 2,002,705. The stock has a market cap of $41.69 billion, a P/E ratio of 29.88, a PEG ratio of 2.26 and a beta of 0.74. The firm's fifty day simple moving average is $145.63 and its 200 day simple moving average is $143.91. Yum! Brands, Inc. has a 12-month low of $122.13 and a 12-month high of $163.30.

Yum! Brands (NYSE:YUM - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The restaurant operator reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. The company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.85 billion. Yum! Brands had a negative return on equity of 20.80% and a net margin of 18.42%. Yum! Brands's quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the business earned $1.15 earnings per share. As a group, research analysts expect that Yum! Brands, Inc. will post 5.94 EPS for the current year.

Yum! Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Tuesday, May 27th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Tuesday, May 27th. Yum! Brands's dividend payout ratio (DPR) is presently 56.57%.

Wall Street Analyst Weigh In

Several research firms have recently commented on YUM. The Goldman Sachs Group raised Yum! Brands from a "neutral" rating to a "buy" rating and set a $167.00 price target for the company in a research report on Wednesday, June 4th. Redburn Atlantic raised shares of Yum! Brands from a "neutral" rating to a "buy" rating and increased their price target for the company from $145.00 to $177.00 in a research report on Tuesday, June 10th. Morgan Stanley lifted their price objective on shares of Yum! Brands from $147.00 to $151.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Citigroup increased their target price on shares of Yum! Brands from $148.00 to $151.00 and gave the company a "neutral" rating in a research report on Tuesday, April 15th. Finally, Robert W. Baird lowered their target price on shares of Yum! Brands from $176.00 to $174.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Thirteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $157.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Yum! Brands during the 4th quarter worth about $25,000. WealthTrak Capital Management LLC purchased a new position in Yum! Brands during the fourth quarter worth approximately $25,000. Manchester Capital Management LLC grew its holdings in Yum! Brands by 78.0% in the first quarter. Manchester Capital Management LLC now owns 162 shares of the restaurant operator's stock valued at $25,000 after purchasing an additional 71 shares during the period. Greykasell Wealth Strategies Inc. acquired a new stake in Yum! Brands in the first quarter valued at approximately $25,000. Finally, HFM Investment Advisors LLC purchased a new stake in shares of Yum! Brands in the first quarter valued at approximately $25,000. Hedge funds and other institutional investors own 82.37% of the company's stock.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.